Multi Commodity Exchange of India

    MCX
    NBFC
    ₹3276.00
    price as of 11/9/2026, 5:28:15 pm

    Market cap ₹83,379 Cr

    P/E
    54.25
    Day range
    ₹3,247.20 – ₹3,389.00
    52-week range
    ₹1,510.10 – ₹3,480.00
    Volume
    16.86 L
    Open
    ₹3,326.00
    Prev close
    ₹3,300.00
    52-week range, adjusted for splits and bonuses
    ₹1,505.2₹3,480
    11 Sept 202521 May 2026
    Index membership & F&O
    NIFTY 200NIFTY 500NIFTY MIDCAP 150F&O lot 225

    Price history

    6M change +29.40%RSI (14) 57.9 NeutralSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 37.4% today vs 42.7% average · BSE close ₹3,275

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹2,100₹2,450₹2,800₹3,150₹3,5000%25%50%75%100%
    • Delivery
    • NSE close
    • BSE close

    High delivery with a rising price suggests buyers holding rather than trading the move.

    Futures & options

    NSE F&O close, 11 Sept 2026 · options expiring 29 Sept 2026

    Short build-up
    Near-month future
    ₹3,301.5
    Change
    -0.21%
    Basis over spot
    +₹25.52
    Futures OI (shares)
    68.6 L
    OI change
    +2.04%
    Put-call ratio
    0.76
    Max pain
    ₹3,300
    Resistance (call OI)
    ₹3,400
    Support (put OI)
    ₹3,300
    Lot size
    225

    Open interest by strike

    Calls open above (resistance) and puts below (support), in shares

    2400255026502750285029503050315032503350345035503650380003.0 L6.0 L9.0 L12.0 Lspot
    • Call OI
    • Put OI

    Futures open interest and price

    Near-month future, day by day since collection began

    The daily history builds from each close.

    Key metrics

    P/E (TTM)
    60.8
    EPS (TTM)
    ₹54.23
    ROE (FY26)
    56.3%
    ROCE (latest year)
    71%
    Dividend yield
    0.24%

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +64.8%
    Profit 3Y CAGR
    +107.5%
    Revenue YoY (Jun 2026)
    +88.2%
    Profit YoY (Jun 2026)
    +103.4%
    Operating margin
    70.0%
    Net margin
    58.8%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 2026-300 Cr0 Cr300 Cr600 Cr900 Cr-25%0%25%50%75%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • DII
    • FII
    • Public
    • Others
    • Government

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-4.0K Cr-2.0K Cr0 Cr2.0K Cr4.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%15%30%45%60%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr750 Cr1.5K Cr2.3K Cr3.0K Cr0.0x0.0x0.0x0.0x0.0x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales165192181234286301291373374666889702
    Expenses19521279102106108131132132172224208
    Operating Profit-30-21102133179193160241242494665494
    OPM %-18%-11%56%57%63%64%55%65%65%74%75%70%
    Other Income191820192624303327313650
    Interest000000000000
    Depreciation71114131415221720221921
    Profit before tax-17-14108138191202168256249503682523
    Tax %9%-63%19%20%20%21%20%21%21%20%22%21%
    Net Profit-19-588111154160135203197401530413
    EPS in Rs₹-0.75₹-0.21₹3.45₹4.35₹6.02₹6.28₹5.31₹7.97₹7.74₹15.73₹20.78₹16.21

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    The MCX) commenced operation in Nov,03 is India’s first listed, national-level, electronic exchange, and India’s leading commodity derivatives exchange which offers the benefits of fair price discovery and price risk management to the Indian commodity market ecosystem. The Exchange operates under SEBI. [1]

    Strengths

    • Company is almost debt free.
    • Company is expected to give good quarter
    • Company has delivered good profit growth of 48.7% CAGR over last 5 years
    • Company has a good return on equity (ROE) track record: 3 Years ROE 36.4%
    • Company has been maintaining a healthy dividend payout of 29.8%
    • Company's median sales growth is 24.0% of last 10 years

    Risks

    • Stock is trading at 29.3 times its book value

    Compounded Sales Growth

    10 Years
    +26%
    5 Years
    +43%
    3 Years
    +65%
    TTM
    +110%

    Compounded Profit Growth

    10 Years
    +31%
    5 Years
    +49%
    3 Years
    +108%
    TTM
    +136%

    Stock Price CAGR

    10 Years
    +33%
    5 Years
    +58%
    3 Years
    +112%
    1 Year
    +116%

    Return on Equity

    10 Years
    +20%
    5 Years
    +28%
    3 Years
    +36%
    Last Year
    +56%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    FII19.00%20.64%26.07%29.85%+3.78 pp
    DII60.50%59.16%54.35%50.80%-3.55 pp
    Government0.00%0.00%0.01%0.01%0.00 pp
    Public20.31%20.03%19.38%19.15%-0.23 pp
    Others0.19%0.19%0.19%0.19%0.00 pp

    Analysts & fund holdings

    87%
    87% recommend buy
    15 analysts cover the stock
    Valuation vs Capital Markets
    P/E54.2 vs 16.6
    Sector P/B2.14
    Beta1.27

    Who holds the shares, quarter by quarter

    Mutual funds 30.07% (-3.91 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters0.0%
    • Foreign institutions29.8%
    • Mutual funds30.1%
    • Insurance4.8%
    • Other domestic institutions16.0%
    • Retail15.2%
    • Others4.2%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Nippon India Growth Mid Cap Fund1.80%2.80%+0.60 pp
    Motilal Oswal Midcap Fund1.53%2.90%-1.43 pp
    ICICI Pru Large & Mid Cap Fund1.25%3.01%+1.55 pp
    Nippon India Small Cap Fund1.17%1.15%+0.14 pp
    Motilal Oswal Large & Midcap Fund1.04%4.18%-1.07 pp

    Scorecard

    Performance
    High
    Valuation
    High
    Growth
    High
    Profitability
    High
    Entry point
    Avg
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Corporate actions

    • dividend
      ₹8.00

      Dividend - Rs 8 Per Share

      28 Aug 2026
      ex-date
    • split
      Not available — not reported in this filing

      Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share

      2 Jan 2026
      ex-date
    • dividend
      ₹30.00

      Dividend - Rs 30 Per Share

      8 Aug 2025
      ex-date
    • dividend
      ₹7.64

      Dividend - Rs 7.64 Per Share

      19 Sept 2024
      ex-date
    • dividend
      ₹19.09

      Dividend - Rs 19.09 Per Share

      15 Sept 2023
      ex-date
    • dividend
      ₹17.40

      Dividend - Rs 17.40 Per Share

      19 Sept 2022
      ex-date
    • dividend
      ₹27.60

      Dividend - Rs 27.60 Per Share

      26 Aug 2021
      ex-date
    • dividend
      ₹30.00

      Annual General Meeting/Dividend - Rs 30 Per Share

      21 Aug 2020
      ex-date
    • dividend
      ₹20.00

      Annual General Meeting/Dividend - Rs 20 Per Share

      12 Sept 2019
      ex-date
    • dividend
      ₹17.00

      Annual General Meeting/Dividend- Rs 17 Per Share

      23 Aug 2018
      ex-date
    • dividend
      ₹15.00

      Annual General Meeting/Dividend - Rs 15 Per Share

      14 Aug 2017
      ex-date
    • dividend
      ₹6.50

      Annual General Meeting/Dividend - Rs 6.50 Per Share

      9 Sept 2016
      ex-date
    • dividend
      ₹10.00

      Annual General Meeting/ Dividend - Rs 10/- Per Share

      16 Sept 2015
      ex-date
    • dividend
      ₹3.00

      Annual General Meeting And Dividend Rs.3/- Per Share

      11 Sept 2014
      ex-date
    • dividend
      ₹7.00

      Interim Dividend Rs.7/- Per Share

      21 Nov 2013
      ex-date
    • dividend
      ₹12.00

      Annual General Meeting And Dividend Rs.12/- Per Share

      18 Sept 2013
      ex-date
    • dividend
      ₹12.00

      Interim Dividend Rs.12/- Per Share

      15 Nov 2012
      ex-date
    • dividend
      ₹6.00

      Annual General Meeting And Dividend Rs.6/- Per Share

      14 Sept 2012
      ex-date
    • dividend
      ₹18.00

      Interim Dividend Rs.18/- Per Share

      26 Apr 2012
      ex-date

    Company announcements

    Company Update
    General Update

    Allotment of equity shares of India International Bullion Holding IFSC Limited.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of schedule of Analyst / Investor Meeting

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of schedule of Analyst / Investor Meeting

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of schedule of Analyst / Investor Meeting

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of schedule of Analyst / Investor Meeting

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Intimation regarding issuance of notice to the shareholder in the newspaper

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of schedule of Analyst / Investor Meeting

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of schedule of Analyst / Investor Meeting

    Company Update
    Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

    Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

    Others
    Business Responsibility and Sustainability Reporting (BRSR)

    Business Responsibility and Sustainability Report for the FY 2025-26.

    Others
    Reg. 34 (1) Annual Report.

    Annual Report and Notice of Annual General Meeting for FY 2025-26 is attached.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of schedule of Analyst / Investor Meeting.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of schedule of Analyst / Investor Meeting

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of schedule of Analyst / Investor Meeting

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Intimation of publication of newspaper advertisements in respect of 24th Annual General Meeting of the Company.

    Filed with BSE (scrip 534091); the last 45 days. Documents open at bseindia.com.

    SEBI filings & orders

    From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.

    Regulatory orders

    • Adjudication order

      Adjudication Order with respect to 23 entities in the matter of trading by certain entities in Mentha Oil futures contracts at Multi Commodity Exchange of India Limited

      31 Mar 2023
      Read on SEBI
    • Settlement order

      Settlement Order in the matter of trading by certain entities in Mentha Oil futures contract at Multi Commodity Exchange of India Limited

      6 Mar 2023
      Read on SEBI
    • Adjudication order

      Adjudication Order in respect of Multi Commodity Exchange of India Limited

      4 Jan 2023
      Read on SEBI
    • Order

      T.P. (C) No. 607-612/2020 - Multi Commodity Exchange of India Ltd. vs. SEBI and Ors. decided by Supreme Court

      1 Sept 2022
      Read on SEBI
    • Order

      Order in the matter of National Multi Commodity Exchange of India Limited now known as Indian Commodities Exchange Limited

      17 Nov 2021
      Read on SEBI

    Documents

    Documents open at BSE or the rating agency that issued them.